Background: The global iron and steel industry is expected to witness good growth during the next five years, and the industry revenue is forecast to reach an estimated $1,715 billion in 2017 with a CAGR of 5.1% over the forecast period. Lucintel, a leading global management consulting and market research firm, has analyzed the global iron and steel market and presents its findings in “Global Iron and Steel Industry 2012- 2017: Trend, Profit and Forecast Analysis.” The iron and steel industry is highly fragmented. Asia dominates this industry and represents 61%. Some of the major players in this industry are Arcelormittal, ThyssenKrupp, Nippon Steel, and POSCO. A combination of factors such as growth in related complementary industries and governmental regulations, cyclical fluctuations in input prices, general economic conditions, and end-use markets are witnessed to impact the industry dynamics significantly. Lucintel’s research indicates that the unavailability of raw materials from the mining sector such as iron ore, coal, and power and achieving economies of scale to reduce costs and improve the quality of output are challenges being faced by the industry. Technological advancement and new product development at competitive prices will be the key factors for future market growth.APAC is projected to lead the industry over the forecast period.The emerging markets of China and India are expected to witness growth on the back of robust demand from key end user markets such as construction, automotive, and consumer durables. A high rate of growth in emerging economies will lead to growth of iron and steel market. This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout the global iron and steel industry analysis. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis. Features and Scope of this Report: To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are: · Industry size estimates in terms of (US $) value by regions · Global iron and steel industry analysis annual trend (2006-2011) and forecast (2012- 2017) · Porter’s Five Force analysis · New product launch and merger and acquisition activity in global iron and steel industry analysis · Quarterly demand trend (Q1 2010-Q4 2011)and forecast analysis (Q1 2012 – Q4 2013) for global iron and steel industry analysis · Gross and net profit trends in the global iron and steel industry analysis · Cost structure trend in the global as well as regional iron and steel industry analysis